Is Park Place The Next City Place?

Rumors are swirling about the new "Park Place" development by Concord Adex that draws obvious comparison's to Concord's previous crack-baby: CityPlace. Guess how many units here are actually owner-occupied?  Nope, guess again.  Nope, still too low... (more…)

All Reved Up!

A great new Tridel development on Front Street called "Reve" is going to be severely impacted by a condominium right next door.  How close is "next door?"  Well, how about if the two doors became one... (more…)

Bird Poop…..Remix!

For those that scroll through photos and text - I've got video! I went back to Yonge Street for a second look, and I think this condo development could be a new landmark... (more…)

(Yet Another) Conflict of Interest

I hope I'm not opening a can of worms here, but I think the Realtor-haters will have a field day with this one. I've always thought pre-construction condo sales commissions represent a conflict of interest when they pay more money...

The “One Bedroom Effect”

It's a new term, in fact, I just thought of it now. But there are a ton of new developments in Toronto that consist mainly of one-bedroom units, and this points to one, clear, identifiable buyer pool: INVESTORS. If you...

The Space Between – Part II

Last week, I posted a video that showed the space between the east wall of The Hudson and the west wall of Charlie Condos. There was no more than about two feet in between the two buildings, and Charlie Condos...

How Did We Get To This Point?

How did we get to the point where this is considered "finished?" Ever since I first wrote about the ill-fated West Side Lofts, I've received countless emails from investors and end-users alike who are disappointed in the quality of their...

Real Estate As A Derivative?

The finance geeks will love this post!  I hope... For the rest of you, don't let the math below dissuade you.  It's complete gibberish to me as well. I've always thought of pre-construction investing much like derivatives in the financial...

$900 Per Square Foot At Festival Tower?

Ridiculous. Insulting.  Pathetic. I can't believe that this worked.  I can't believe that labelling units with "DiCaprio" and "Jolie" has resulted in $900 per square foot for slightly-better-than-average condos in an overbought building in the downtown core. Is our society really...

Can You Beat The Market?

Friday's blog video was about the pre-construction condo marketand how I am of the opinion that there is no longer any money to be made. One reader commented, "People keep buying because the market keeps going up!" He's completely missing...

Too Good To Be True?

I've always told people that when it comes to real estate, if something is too good to be true - it likely is. But once in a blue moon, a "deal" slips through the cracks and money is left on...

“Free” Parking…

Another day, another questionable business practice. I'm almost at the point where nothing surprises me anymore.  Almost, but not quite. Listings are coming out at Quad Lofts where I believe the "owned" parking isn't really owned... (more…)